Beijing takes bold stance against US sanctions on oil refineries — Bloomberg - RBC-Ukraine
🟡 NeutralRBC-Ukraine2026-05-02
Beijing has taken a firm stance against US sanctions on oil refineries, ordering Chinese companies not to comply with the restrictions. This move aims to mitigate the impact of US sanctions related to Iranian oil trade. The Chinese Ministry of Commerce stated that the US measures illegally restrict trade with third countries and violate international norms.